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STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Gross Margin    
Revenues $ 508,364 $ 676,531
Cost of natural gas 235,729 413,553
Net margin 272,635 262,978
Operating expenses    
Operations and maintenance 106,131 106,561
Depreciation and amortization 34,684 31,630
General taxes 15,747 15,782
Total operating expenses 156,562 153,973
Operating income 116,073 109,005
Other income 18 813
Other expense (455) (454)
Interest expense, net (10,847) (11,169)
Income before income taxes 104,789 98,195
Income taxes (40,046) (37,814)
Net income $ 64,743 $ 60,381
Earnings per share    
Basic $ 1.23 $ 1.15
Diluted $ 1.22 $ 1.13
Average shares (thousands)    
Basic 52,519 52,707
Diluted 53,107 53,446
Dividends declared per share of stock $ 0.35 $ 0.30